Gross regional domestic product

Gross regional domestic product, also called gross domestic product of a region or gross state product, is a way to measure how big a region's economy is. It adds up the total value created by all businesses and people living in that area. This is similar to how we measure the whole country's economy, called gross domestic product.

The GRDP looks at three main parts of the economy. The first part is the raw material sector, which includes agriculture, animal husbandry, fishery, and forestry. The second part is the industry sector, with areas like construction, electricity, manufacturing, mining, and water. The third part is the service sector, covering things such as communication, finance, property management, real estate sales, storage, trade, and transport.

GRDP can be shown in two ways: nominal and real. Nominal GRDP uses today’s prices to show the value of everything made in the region. Real GRDP uses the prices from a specific year to show how much the region is really producing, without the effect of changing prices. This helps us see how much the region is growing over time.

Lists

• List of first-level administrative divisions by GRDP
• List of Chinese provincial-level divisions by GDP
• List of Chinese provincial-level divisions by GDP per capita
• List of cities by GDP
• List of EU metropolitan areas by GDP
• List of European Union regions by GDP
• List of German states by GRP
• List of Indian states and union territories by GDP
• List of Indian states and union territories by GDP per capita
• List of Indonesian provinces by GDP
• List of Indonesian provinces by GRP per capita
• List of Italian regions by GDP
• List of NUTS regions in the European Union by GDP
• List of Russian federal subjects by GRP
• List of U.S. metropolitan areas by GDP
• List of U.S. metropolitan areas by GDP per capita
• List of U.S. states and territories by GDP